3): The dollar's status as the world's reserve currency should not be taken for granted. China holds 15% of US treasuries by itself. Saying that 'there is a hug

3): The dollar's status as the world's reserve currency should not be taken for granted. China holds 15% of US treasuries by itself. Saying that 'there is a huge structural demand for dollars' is like saying that 'the housing market is rock solid'. It is until it isn't. Also I am not sure whether the decision to hyper-inflate is in Fed's hands. If inflation continues to rise faster than anticipated (contrary to what Powell said on Wednesday) then the Fed is caught between a rock and a hard place as the only feasible course of action will be to hike rates substantially and inevitably trigger a market correction. I leave you with this little chart I like: https://i.imgur.com/dIJXesa.png https://i.imgur.com/dIJXesa.png